Best Wallingford Accountants

Skip Navigation Links
Home
About UsExpand About Us
ServicesExpand Services
ResourcesExpand Resources
Small Business Clients Portal
Schedule an Appointment
Tax Clients Portal
Request a Quote

Penalty Abatement

Penalty Abatement image

Penalty abatement is the elimination of the penalties assessed on not filing or not paying taxes on time. In many cases the Penalty and Interest portion of the tax liability can be significant and could be removed by filing for a Penalty Abatement with the IRS.

The IRS might be willing to review and remove penalties if there is a reasonable cause. Reasonable cause includes:

  • Mailing a return with a payment on time to the wrong address;
  • A death or illness;
  • An IRS error;
  • Destruction of records by catastrophe

Through a successful tax resolution, some penalties can eventually be removed by the IRS.

If you would like to know your options, please contact us for a free consultation. Whether you retain our services or not, you will still have a clearer idea about what you need to do and the IRS' collection process.

Services

Payment Methods Accepted:


Best Wallingford Accountants

Credit Cards Logos

Privacy Policy | Disclaimer | Contact Us | Request Information |



Site Designed and Developed by Antonio Pascarella